Standard LifeInvProp SLIPIT Purchase

TIDMSLI 

To:                          Company Announcements 
Date:                       06 February 2018 
Company:                Standard Life Investments Property Income Trust Limited 
LEI:                         549300HHFBWZRKC7RW84 

Subject:               SLIPIT Purchase - Grand National Retail Park, Aintree 

"Standard Life Investments Property Income Trust has completed the purchase of 
the Grand National Retail Park in Aintree for a price of GBP6.125m, reflecting an 
initial yield of 6.85%.  The park is adjacent to the race course, and consists 
of 4 units let as a leisure park to Premier Inn, Pure Gym, Mitchells and 
Butler, and KFC. A further unit is sold off on a long lease to the Jockey Club. 
The investment benefits from strong trade associated with the race course and 
provides opportunity for asset management to extend leases from the current 8.1 
years. The purchase was made from cash resources following the recent sale of 
Bathgate Retail Park." 

All enquiries to: 
Jason Baggaley 
Fund Manager Real Estate 
Standard Life Investments 
1 George Street, Edinburgh, EH2 2LL 
Tel: +44 (0)131 245 2833 
jason_baggaley@standardlife.com 

The Company Secretary 
Northern Trust International Fund Administration Services (Guernsey) Limited 
PO Box 255 
Trafalgar Court 
Les Banques 
St Peter Port 
Guernsey 
GY1 3QL 

Sharon Ann Williams 
Tel:         01481 745436 
Fax:        01481 745085 

END

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February 06, 2018 02:00 ET (07:00 GMT)

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